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$4,925,000
5 Beds 4 Baths A4586511 MLS
One or more photo(s) has been virtually staged. The downtown Sarasota waterfront setting doesn’t get any better. Located in a federally Qualified Opportunity Zone, the investment opportunity for this property offers significant tax benefits. This 4016 square foot, 2-story home is situated on 220’ of water frontage on a Hudson Bayou peninsula. The views from the residence on the bayou are simply breathtaking. This downtown property is just minutes away from Selby Botanical Gardens, the Marina Jack bay front, Main Street, area beaches, local barrier islands, SRQ airport and everything that Sarasota so graciously offers. And the beauty about this property is that it’s been professionally renovated both inside and out; which feels as though the home is brand new. As you approach the property from the road, you're greeted by a motorized privacy gate and once you enter the elegant motor court with silver brick pavers, you have access to a 3-car, oversized garage; with tandem parking in one of the bays. On the exterior, the residence features a standing seam metal roof, new PGT impact windows and doors, anodized shade louvers on the front elevation windows, and stone stairs that lead to the grand, glass entry doors. There’s an elevated, inground pool which isn’t obstructed with a screened cage, which adds to the outdoor natural appeal. Another highlight is a covered outdoor dining area that overlooks the sundeck and water. This area is perfect for entertaining. You’ll also discover a renovated dock with Trex engineered decking and not just one, but two boat lifts. From a boating standpoint, this located offers protected water and you’re only minutes to Sarasota Bay and the open pass out to the Gulf of Mexico. And for the youngsters, there’s even a charming little tree house with big water views that's certain to make for lasting, life-long childhood memories. Inside the home you’ll find high ceilings, floors that are clad with French Oak, 8’ interior doors, a gas fireplace, contemporary wood staircase, elegant bathrooms, a stylish kitchen with white Shaker cabinetry, quartz counter-tops and Viking appliances. The pristine residence boasts 5 bedrooms with 4 ensuite bathrooms, a dedicated office that could be outfitted as a media room, and a temperature-controlled wine storage room located inside the large garage. Every room in the house is expansive and because of all of the windows, which offer privacy views, there’s an abundance of natural light cascading into the home. The primary bedroom suite is delightfully spacious and features 2 oversized walk-in wardrobe rooms, a gorgeous spa style bathroom and access to a second story covered outdoor terrace with grand water and sunset views of Hudson Bayou. A completely renovated home, on the water, in downtown Sarasota with the zip code 34236 doesn’t become available very often, but in addition to that scarcity, because it’s located in 1 of only 4 Qualified Opportunity Zones in Sarasota, you could treat this as an investment property and with the proper hold, eliminate any capital gains tax on a future resale. Speak to your investment advisor for more information about this significant tax benefit. To tour the property, contact the listing agent or your trusted real estate professional. Please see extensive property catalog attached for full property details and photos.

1718 Bay Street, Sarasota

$13,694,000
5 Beds 6.5 Baths A4525496 MLS One Park BLDG.
Pre-Construction. To be built. The one-of-a-kind One Park Penthouse Collection comprised of just 6 residences ranging from 5,480 to 7,180 square feet will feature private rooftops with summer kitchens and plunge pools. With world-class architecture and interiors, the 18-story One Park is bringing a quintessential lifestyle to one of Downtown Sarasota’s most sought after locations, Boulevard of the Arts. Featuring panoramic direct views from Bay Park to Downtown Sarasota and beyond, One Park offers an unrivalled Sarasota Bay lifestyle. Residence features include 10' to 12' floor-to-ceiling windows, smart home technology for seamless personalization with the touch of a button, a contemporary lighting package, fully built-out closets, marble, wood or porcelain slab flooring throughout, 8' tall interior doors, midnight bar in primary bedrooms, Subzero and Wolf appliance package, and expansive outdoor terraces with modern glass railings and summer kitchens. World-class amenities and services include resort-style infinity-edge pool and spa deck with lounge area, wellness spa, fully staffed One Park Executive Office Suites designed to serve as a flexible office space for residents, private theater room, and a state-of-the-art fitness studio featuring the latest high-tech exercise equipment, pilates, yoga and cycling rooms. A 53-acre signature Bay Park, Boating and Beaches are at residents’ fingertips, while art, cultural venues, fine dining and social spaces are just steps from their front door. Developed by nationally acclaimed Property Markets Group (PMG) and JEBCO. This visionary team will deliver a masterfully crafted luxury Bayfront living experience. Land, Site, and Tax Information

1100 Blvd Of The Arts Unit 1906, Sarasota

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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2023 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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